$4,718

Avg. Federal Grant

$5,177

Avg. Federal Loan

$27,710,049

Total Aid Awarded

Catawba College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$27.710M

Financial Aid Official Website

www.catawba.edu/finaid

As many as 99% of the students at CC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,393,253 in a year. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at http://www.catawba.edu/finaid. Notably, a total of 46% of the applicants to Catawba College receive the Federal Grant every year. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 46% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,908, while the same comes to $5,301 for State Grant receivers and $21,373 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,485. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $25,678 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $25,770, while those falling in the $48,001-$75,000 income category get $22,572 a year. Those with an annual income level of $75,001-$110,000 would receive $21,781, while candidates with more than $110,000 of family income receive an average federal aid of $19,858. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Catawba College, the percentage of candidates who opt to avail of student loans is around 72%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

53%

Institution Grant Aid

100%

Pell Grant

45%

Average Aid Awarded

Federal Grant Aid

$4,718

State Grant Aid

$4,922

Institution Grant Aid

$19,783

Pell Grant

$4,411

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$26,407

$30,001 - $48,000

$26,082

$48,001 - $75,000

$25,615

$75,001 - $110,000

$21,562

Over $110,000

$21,895

Student Loans for Catawba College

Average Loan Amount Average Loan Amount received per year.

$6,269/Year

Students Taking Out Loans

67%

Loan Default Rate

12.2%

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